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    The EU Trade Organization Supports The Campaign Against Textiles Tax Exemption In Pakistan.

    2011/4/25 10:43:00 56

    EU Trade Organization Pakistan Textiles Tax Exemption

    Europe's largest apparel industry Textile Organization -Euratex has asked India to continue to block EU's proposed flood relief policy for Pakistan, and the EU's proposal will give Pakistan textiles free access.


    In a letter to the deputy director of Commerce, the Ministry of Commerce in April 20th, the European textile industry strongly opposed the proposal because there was no economic or humanitarian justification for giving this concession.


    Euratex represents the textile and clothing industries of all 27 European Union countries.


    India, Bangladesh, Peru and Vietnam blocked the EU from the world trade organization. Pakistan 75 Chinese products, 64 kinds of textile products duty-free entry plan.


    These concessions will be granted to the world in three years, a part of the EU's 900 million euro aid plan for Pakistan to help Pakistan fight the flood disaster last year. The EU needs these countries. World Trade Organization The waiver will be made through concession to Pakistan, because such concessions will violate the provisions of trade agreements reached by all Member States in dealing with similar problems.


    If the EU abandons tariffs on Pakistan's textile products 6%-12%, India's textile industry will lose its market share in Europe and the United States. India's textile industry is worried by pressure from the European Union and Pakistan.

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